Itt (ITT) Tax Rate (2009 - 2026)

Itt (ITT) recorded quarterly Tax Rate of 38.28% in Q2 2026, up 71.29% quarter-over-quarter from 22.35% in Q4 2025, and up 1388.0% on a YoY basis from 2.57% in Q2 2025.

Itt (ITT) Tax Rate (2009 - 2026) Analysis & Trends

Itt's Tax Rate history runs 18 years deep, the most recent figure standing at 38.28% for Q2 2026.

  • In Q2 2026, Tax Rate rose 1388.0% year-over-year to 38.28%; the TTM figure through Apr 2026 stood at 27.39% (up 756.0% YoY), while the FY2025 annual figure was 24.57%, up 513.0% from the prior year.
  • Tax Rate was 38.28% for Q2 2026 at Itt, up from 22.35% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 38.28% in Q2 2026 to a low of 13.7% in Q4 2022.
  • Historically, Tax Rate has averaged 22.03% across 5 years, with a median of 21.54% in 2024.
  • Biggest YoY gain for Tax Rate was 1511 bps in 2022; the steepest drop was 5459 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 21.18% in 2022, then declined by 2 bps to 20.7% in 2023, then declined by 28 bps to 14.83% in 2024, then surged by 51 bps to 22.35% in 2025, then soared by 71 bps to 38.28% in 2026.
  • The last three Tax Rate figures came in at 38.28% (Q2 2026), 22.35% (Q4 2025), and 25.68% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 299.46 Bn 290.43 Bn 1.78 Bn 6.94
2 Eaton 164.06 Bn 163.35 Bn 2.65 Bn 21.68
3 Parker-Hannifin 120.65 Bn 120.18 Bn 2.02 Bn 19.21
4 Cummins 98.98 Bn 96.25 Bn 2.24 Bn 27.19
5 Emerson Electric 84.75 Bn 82.97 Bn 2.42 Bn 22.07
6 Illinois Tool Works 76.17 Bn 75.34 Bn 1.76 Bn 20.58
7 Ametek 54.28 Bn 53.79 Bn 717.56 Mn 18.99
8 Rockwell Automation 53.18 Bn 52.81 Bn 1.13 Bn 20.23
9 Ingersoll Rand 30.53 Bn 29.32 Bn 792.40 Mn 15.70
10 Itt 17.15 Bn 16.55 Bn 428.80 Mn 38.28

Historic Data

Download Data
DateValue
Apr 4, 2026 38.28%
Apr 4, 2026 38.28%
Dec 31, 2025 22.35%
Dec 31, 2025 22.35%
Sep 27, 2025 25.68%
Sep 27, 2025 25.68%
Jun 28, 2025 25.88%
Jun 28, 2025 25.88%
Mar 29, 2025 24.39%
Mar 29, 2025 24.39%
Dec 31, 2024 14.83%
Dec 31, 2024 14.83%
Sep 28, 2024 18.96%
Sep 28, 2024 18.96%
Jun 29, 2024 21.54%
Jun 29, 2024 21.54%
Mar 30, 2024 22.68%
Mar 30, 2024 22.68%
Dec 31, 2023 20.70%
Dec 31, 2023 20.70%